China Rocks!

welovechina

I’m in China for work and am blown away. The bullet trains are awesome..The people are incredible….

More to come!

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Why We Need More Solar Companies to Fail

Via: MIT Technology Review

Solar manufacturers like Suntech are struggling. Hundreds need to die for the industry to recover.

By Kevin Bullis on March 18, 2013

Suntech, a Chinese company that as recently as 2011 was the world’s largest producer of solar panels, is teetering on the edge of bankruptcy. It’s running low on cash, owes bond investors half a billion dollars (which it failed to pay Friday), and is saddled with payments on billions of dollars in loans as it struggles to make money in a market flooded with its product.

If Suntech fails and shuts down its factories, that might not be a bad thing. Some industry experts say that hundreds of solar companies need to fail to help bring the supply of solar panels back in line with demand. That would slow the fall in prices and, as demand recovers, allow companies to justify buying new equipment and introducing the innovations that will ultimately be needed for solar power to compete with fossil fuels.

But there’s a good chance that Suntech, and many other companies in China, will be bailed out by local governments, which would delay the much-needed reduction in production capacity. Worldwide, solar companies have the capacity to manufacture between 60 and 70 gigawatts’ worth of solar panels a year, but demand in 2013 is only expected to be about 30 gigawatts.

The worldwide glut of solar panels—which has lasted nearly two years—is partly the result of big government-backed investments in factories in China, where two-thirds of solar panel production capacity is located. The surplus has been good news for consumers and installers, because it’s helped drive a precipitous drop in solar panel prices. They’ve dropped 60 percent since the beginning of 2011, according to GTM Research. Solar panels sold for $4 per watt eight years ago. Now it’s common to buy them at 78 cents per watt, says Jenny Chase, an analyst at Bloomberg New Energy Finance.

But the rapid decline in prices has been hard for solar manufacturers. As prices have dropped, they have been able to lower costs because the price of materials has been falling and they’ve made incremental imprvements to existing manufacturing equipment. But in many cases costs haven’t fallen fast enough for companies to keep up with the falling prices for their panels, eliminating profits and making it difficult to invest in the new equipment needed to keep reducing costs.

Read more: here

Wow…this makes so much sense..
Hate to have low pricing for consumers too long….
-Moose

China Is Engineering Genius Babies

Via: Vice

By Aleks Eror

It’s not exactly news that China is setting itself up as a new global superpower, is it? While Western civilization chokes on its own gluttony like a latter-day Marlon Brando, China continues to buy up American debt and lock away the world’s natural resources. But now, not content to simply laugh and make jerk-off signs as they pass us on the geopolitical highway, they’ve also developed a state-endorsed genetic-engineering project.

At BGI Shenzhen, scientists have collected DNA samples from 2,000 of the world’s smartest people and are sequencing their entire genomes in an attempt to identify the alleles which determine human intelligence. Apparently they’re not far from finding them, and when they do, embryo screening will allow parents to pick their brightest zygote and potentially bump up every generation’s intelligence by five to 15 IQ points. Within a couple of generations, competing with the Chinese on an intellectual level will be like challenging Lena Dunham to a getting-naked-on-TV contest.

Read more: here

Maybe they will save us…
-Moose

Pentagon Creates 13 Offensive Cyber Teams For Worldwide Attacks

Via: RT

Published time: March 13, 2013 17:27

The head of the United States Cyber Command says the US is developing 40 new teams of cyber-agents that will both protect America’s critical infrastructure from hackers and as well as launch attacks against the country’s adversaries.

Gen. Keith Alexander, who leads both the Cyber Command and the National Security Agency, told the US Senate Armed Services Committee on Tuesday that the 40 online support teams should be ready for action by 2015, with 13 of those units existing specifically to attack other countries.

Alexander has been reluctant to go into detail about how the newly-designed teams will engage in cyber battle with America’s enemies, but he did say that the 13 squads of offensive fighters won’t be sitting around waiting for hackers from abroad to strike first. The NSA chief described the groups as ‘‘defend-the-nation’’ teams but also stressed that their role will be one that puts them on both sides of the action.
“I would like to be clear that this team. . . is an offensive team,” he told reporters on Tuesday.

“The teams are analogous to battalions in the Army and Marine Corps — or squadrons in the Navy and Air Force,” said Alexander. “In short, they will soon be capable of operating on their own, with a range of operational and intelligence skill sets, as well as a mix of military and civilian personnel.”

Read more: here 

WTF? They just can’t stop..Endless war…Endless threats…
-Moose

This Is It!: China Surpasses U.S. As Number One Global Trading Power

Via: alt-market.com

By Brandon Smith
10 February 2013 04:37

Back in 2008, at the onset of the derivatives and credit collapse, I wrote several economic editorials discussing what I saw as the single most vital trend in the global fiscal system, and how it would cause a disastrous upheaval that would leave the U.S. and the dollar financially sunk.

This trend, which seemed to take serious root in 2005, was the massive shift by China from an export dependent source of cheap manufacturing and labor, into a moderate exporter, and consumer hub, and currency powerhouse.

In my view at the time, the evidence suggested that China was positioning itself to decouple from its dependence on U.S. markets and the dollar. I was, of course, attacked as a “doom monger” and “conspiracy theorist”. Five years later, the critics have changed their tune…

Read more: here

This Is It!: China Surpasses U.S. As Number One Global Trading Power

Via: alt-market.com

By Brandon Smith
10 February 2013 04:37

Back in 2008, at the onset of the derivatives and credit collapse, I wrote several economic editorials discussing what I saw as the single most vital trend in the global fiscal system, and how it would cause a disastrous upheaval that would leave the U.S. and the dollar financially sunk.

This trend, which seemed to take serious root in 2005, was the massive shift by China from an export dependent source of cheap manufacturing and labor, into a moderate exporter, and consumer hub, and currency powerhouse.

In my view at the time, the evidence suggested that China was positioning itself to decouple from its dependence on U.S. markets and the dollar. I was, of course, attacked as a “doom monger” and “conspiracy theorist”. Five years later, the critics have changed their tune…

Read more: here

China ‘To Overtake US on Science’ in Two Years

Via: BBC News

28 March 2011
David Shukman
Science and environment correspondent, BBC News

China is on course to overtake the US in scientific output possibly as soon as 2013 – far earlier than expected.

That is the conclusion of a major new study by the Royal Society, the UK’s national science academy.

The country that invented the compass, gunpowder, paper and printing is set for a globally important comeback.

An analysis of published research – one of the key measures of scientific effort – reveals an “especially striking” rise by Chinese science.

Read more: here